Back to mobile site

Samos Energy raises $230M in NYSE IPO for energy acquisitions

July 13, 2026 3:42 PM EDT

Samos Energy Acquisition Corporation closed its initial public offering of 23,000,000 units at $10.00 per unit, raising $230,000,000 in gross proceeds, according to a press release from the company.



The offering included the full exercise of the underwriters' overallotment option for an additional 3,000,000 units. Cantor Fitzgerald & Co. acted as the sole book-running manager.



Units began trading on the New York Stock Exchange under the ticker symbol NYSE: SAMO.U on July 10, 2026. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant allowing the holder to purchase one Class A ordinary share at $11.50 per share. Once the units separate, the Class A ordinary shares and warrants are expected to trade under NYSE: SAMO and NYSE: SAMO.WS, respectively.



The full $230,000,000 in proceeds from the IPO and a simultaneous private placement was placed into a trust account for the benefit of public shareholders.



The company was formed to pursue a merger, asset acquisition, or similar business combination, with a focus on targets holding international energy assets that are operational and cash generative. The SEC declared the registration statement effective on July 9, 2026.


You May Also Be Interested In





Related Categories

Equity Offerings, IPOs

Related Entities

Cantor Fitzgerald, Definitive Agreement, IPO, SPAC